Starting a business can be challenging. The responsibility of leadership carries pressure and uncertainty. As the boss it can be difficult to turn to those around you for guidance, particularly if you’re expected to have all the answers. One solution might be mentoring – taking on a business expert without a vested interest who is able
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Tag Archive for Business Management
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The small businesses that placed charity high on the priorities list
by Ben Lobel • • 0 Comments
Gavin Willis, managing director of SEO agency Search Seven, says he always intended his company to be a vehicle to make a difference, and for the Brighton-based company charity is an important part. His business promises to contribute up to 7 per cent of profits to charities and local community projects each year, amounting to £15,000 so far.
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Dividing the equity pie: Who gets what when running a business?
by Ben Lobel • • 0 Comments
When starting a business with a co-founder or co-founders, there’s a school of thought that suggests that each member of the founding team should be created equal – they should get a fair share of the company equity pie, split straight down the middle. However, not all companies are created equal so deciding which members
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Brexit, British enterprise, and the price of profitability
by Ben Lobel • • 0 Comments
Has Brexit been good or bad for British enterprise? We don’t yet know for sure. We don’t yet know when the UK’s exit from the European Union will occur; we don’t yet know how it will occur; and, in truth, we don’t yet know if it will even happen at all. If and when it
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Should your small business have a risk management plan?
by Ben Lobel • • 0 Comments
The same study also finds that micro-businesses (those with ten or less staff) are inconsistent when it comes to business planning. No micro-business owners, who responded to the survey, had a formal risk management plan, nor did their businesses have anyone specifically responsible for risk management, with all respondents feeling the issue is more relevant for larger businesses, but
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Young entrepreneurs: The importance of learning business skills early
by Ben Lobel • • 0 Comments
Star of Dragons’ Den Peter Jones is launching a new campaign to foster young entrepreneurs, by rolling out his ‘Tycoon in Schools’ competition into primary schools across the UK for the first time. The entrepreneur says that children will play a critical role in defining Britain’s future prosperity, and wants to inspire children to ‘dream big’ and
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How to build relationships with big businesses for mutual benefit
by Ben Lobel • • 0 Comments
One of the biggest challenges most small companies face is how to scale up their distribution and so deals with big businesses can be really attractive. Larger companies are also often more strategic in their thinking so if you have something that’s of interest to them, then there’s no reason why you shouldn’t have a
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How winning a Queen’s Award benefitted small businesses
by Ben Lobel • • 0 Comments
Winning a Queen’s Award is a great honour for companies; a highly-regarded trophy in exchange for much hard work and convincing results. And winning an Award, says Guy Mucklow, is often a good way to demonstrate your company is reliable, professional, transparent and trustworthy in the way it transacts business. Mucklow’s company PCA Predict secured a Queen’s Award for
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Conquering the global market: Small businesses thinking big
by Ben Lobel • • 0 Comments
No matter where your business starts out, international expansion is undoubtedly a marker of positive growth. In fact, in the ever-connected age of the internet, operating in the global market is not only something that many entrepreneurs strive for, it is often a factor that must be considered in order to ensure longevity. Taking a start-up
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The do’s and don’ts of being an ethical start-up
by Ben Lobel • • 0 Comments
Running a start-up can be lucrative, but it is not all about the money. For many it is a rejection of the corporate culture that they see as harmful to the planet and assuming an ethical stance. Even if you do not share this conviction, making sure your start-up has a conscience has many benefits.
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